Loading…

Feeder and live cattle prices have moved to record levels, with live steer prices averaging $238.68 the week before. The Choice boxed beef cutout reached $382.11/cwt on June 16, up 19% year over year.
Limited supply and strong beef demand are pushing cattle and beef values higher, raising the cost of finishing feed-dependent animals. The upward move is running ahead of the usual seasonal peak.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.